I
119THCONGRESS
1
STSESSION H. R. 481
To amend the Internal Revenue Code of 1986 to repeal the limitation on
deductions for personal casualty losses.
IN THE HOUSE OF REPRESENTATIVES
JANUARY16, 2025
Ms. B
ROWNLEYintroduced the following bill; which was referred to the
Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to repeal
the limitation on deductions for personal casualty losses.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Protecting Home-4
owners from Disaster Act of 2025’’. 5
SEC. 2. REPEAL OF LIMITATION ON DEDUCTION FOR PER-6
SONAL CASUALTY LOSSES. 7
(a) I
NGENERAL.—Section 165(h) of the Internal 8
Revenue Code of 1986 is amended by striking paragraph 9
(5). 10
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•HR 481 IH
(b) EFFECTIVEDATE.—The amendment made by 1
this section shall apply to losses sustained in taxable years 2
beginning after December 31, 2024. 3
Æ
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